Vanguard Target Date Funds now available as an investment option
The American Maritime Officers Defined Contribution, 401(k) and MPB retirement accounts allow participants to choose how to invest their funds. The Vanguard Target Date Funds are now available as an investment option.
What Are Target Date Funds?
Target Date Funds (TDFs) mix several different types of stocks, bonds and other investments which are designed to allow you to take more risks at an early age, while gradually shifting to a more conservative investment mix over time.
TDFs provide participants with automatic adjustments to asset allocations as they approach retirement age. This can serve as an easy option, allowing participants to remain in TDFs through their careers. Please see frequently asked questions by clicking here
When you are investing for retirement, your investment goals at age 30 may be very different from your investment goals at age 60. After all, if your retirement is many years away, your focus might be on building assets. But as you approach retirement, your focus may shift to preserving your accumulated assets.
To access your account information or to receive more information about Vanguard Target Date Funds and all investment funds offered by the Plan, including any restrictions, fees, or expenses associated with a change in investments, you can visit www.newportgroup.com or calling 1-800-650-1065 for assistance. Always review your overall current investment holdings to determine if these funds are appropriate given your retirement needs.
If you have forgotten your login information, simply select the appropriate option at the bottom of
the login page and answer the security questions. If you have an email address on file your User ID
and a temporary password will be emailed to you immediately. You may also contact the
Participant Service Center at 1-800-650-1065 between the hours of 8:30 a.m. and 8:00 p.m. ET,
Monday through Friday.